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SK hynix Inc. (000660.KS)
| Previous close | 171,000.00 |
| Open | 0.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 0.00 - 0.00 |
| 52-week range | |
| Volume | |
| Avg. volume | 4,280,264 |
| Market cap | 123.813T |
| Beta (5Y monthly) | 0.90 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | 25 Apr 2024 |
| Forward dividend & yield | 1,200.00 (0.67%) |
| Ex-dividend date | 27 Dec 2023 |
| 1y target est | 205,873.00 |
PR NewswireSK hynix Announces 1Q24 Financial Results
SK hynix Inc. (or "the company", www.skhynix.com) announced today that it recorded 12.43 trillion won in revenues, 2.886 trillion won in operating profit (with an operating margin of 23%), and 1.917 trillion won in net profit (with a net margin of 15%) in the first quarter.
ReutersSK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
SEOUL (Reuters) -South Korea's SK Hynix Inc said it expected a full recovery in memory chips on AI demand, after posting its highest profit in nearly two years on massive sales of its advanced DRAM chips such as high bandwidth memory (HBM) used in generative AI chipsets. The world's second-biggest memory chipmaker and Nvidia supplier reported a 2.89 trillion won ($2.1 billion) operating profit for the January-March quarter versus a loss of 3.4 trillion won a year earlier. "The memory market is entering into full recovery cycle with ongoing strength of AI demand," SK Hynix said.
- Reuters
UPDATE 2-SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
South Korea's SK Hynix Inc said it expected a full recovery in memory chips on AI demand, after posting its highest profit in nearly two years on massive sales of its advanced DRAM chips such as high bandwidth memory (HBM) used in generative AI chipsets. The world's second-biggest memory chipmaker and Nvidia supplier reported a 2.89 trillion won ($2.1 billion) operating profit for the January-March quarter versus a loss of 3.4 trillion won a year earlier. "The memory market is entering into full recovery cycle with ongoing strength of AI demand," SK Hynix said.
